ASCA is opposed to the Federal Trade Commission's "Non-Compete Clause Rule," which will ban noncompete agreements Sept. 4, according to an article written in ASC Focus.
ASC Transactions & Valuation Issues
Investment in medical office buildings fell by 21% year over year in the first quarter of 2024, declining to $1.6 billion, according to a May 20 report from real estate investment firm CBRE.
Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, has seen explosive growth in the last few years.
Here are five acquisitions of ASCs or medical buildings that Becker's has reported since May 1:
Optum's ASC arm, Deerfiled, Ill.-based SCA Health, quietly purchased at least two cardiovascular providers in 2023, National Cardiovascular Partners and Pivotal Healthcare.
Advertisement
The ambulatory growth of Dallas-based Tenet Healthcare, parent company of ASC giant United Surgical Partners International, is surging, and the company has big plans for the future.
Physician groups are continuing to consolidate, facing increasing pressure to access economies of scale.
Hospitals and health systems are increasingly looking to ASCs for growth — forming partnerships and joint ventures for ASC development as procedures continue to migrate to outpatient settings.
Texas has lost more than 20 hospitals since 2005, according to the Cecil G. Sheps Center for Health Services Research, which could mean a rise in volume for ASCs in the region.
The Lafayette, Ind.-based pain management practice of Julian Ungar, MD, unexpectedly closed May 1, WLFI reported May 13.